IKEA Expects Approval for India Operations Soon

By

Rumman Ahmed

July 7, 2012 2:50 p.m. ET

BANGALORE—Swedish housewares giant IKEA Group said Saturday that it is waiting for the Indian government to approve its application for investing in the country and expects to be able to start retail operations soon.

The Indian government has asked for certain clarifications, IKEA spokeswoman Josefin Thorell said via email, without elaborating....